In Mohali, a major financial fraud case has come to light after police registered an FIR against Pritpal Singh, Director of Akal Tech Infralogist Pvt. Ltd., for allegedly cheating a Chandigarh resident of ₹7 crore. The complainant, Deep Mahinder Grewal of Sector 28-A, Chandigarh, accused the company of executing a pre-planned conspiracy to lure him into investing a large amount with promises of doubling his returns.
According to the complaint, Grewal invested the amount in 2011 based on the director’s assurances. However, he alleges that he was later misled using fake allotment letters, forged agreements, and cheques that eventually bounced. Investigation by the Economic Offences and Cyber Crime Wing revealed that the plots and showrooms supposedly allotted to Grewal were not owned by the company. Some properties had even been sold to third parties.
The DSP’s inquiry also found that registries of allotted land were never transferred to Grewal. Multiple documents bore the director’s signature, supporting the allegations. Although Pritpal Singh claimed he offered plots and issued refund cheques, investigators found his explanations unsatisfactory.
Following the inquiry, an FIR under BNS Section 318(4) was registered at Sohana Police Station. Police stated that more sections may be added if new evidence emerges.
